Key stats
About Capitol Series Trust Fairlead Tactical Sector ETF
Home page
Inception date
Mar 23, 2022
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Cary Street Partners Asset Management LLC
Distributor
Northern Lights Distributors LLC
TACK is a fund-of-funds whose strategy starts with top-down market analysis and combines trend-following, price momentum, and sector relative strength. The funds investable universe consists of 14 State Street SPDR ETFs: the 11 Select Sector SPDRs, the SPDR Gold Trust, and SPDR short- and SPDR long-term US Treasury ETFs. Relying on the expertise of a technical analyst, the selection process follows a rules-based filtering system that considers market trends and overbought/oversold indicators. ETFs that pass the technical filter, receive a momentum score and a ranking is calculated. During periods of risk-on, the portfolio will hold between 5-8 of the highest-ranked ETFs on an equal-weighted basis. During periods of risk-off, the portfolio may hold up to 75% of its exposure in short- or long-term US Treasury ETFs or gold. The portfolio is rebalanced monthly. Due to the tactical nature of the strategy, the fund is anticipated to have a very high turnover.
Classification
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF99.39%
Cash0.61%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
TACK trades at 27.42 USD today, its price has fallen −0.29% in the past 24 hours. Track more dynamics on TACK price chart.
TACK net asset value is 27.54 today — it's risen 4.60% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
TACK assets under management is 250.69 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
TACK price has risen by 5.63% over the last month, and its yearly performance shows a 4.74% increase. See more dynamics on TACK price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 4.60% over the last month, showed a −2.34% decrease in three-month performance and has increased by 6.41% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 4.60% over the last month, showed a −2.34% decrease in three-month performance and has increased by 6.41% in a year.
TACK fund flows account for 24.74 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
TACK invests in funds. See more details in our Analysis section.
TACK expense ratio is 0.73%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, TACK isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, TACK technical analysis shows the neutral rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating TACK shows the buy signal. See more of TACK technicals for a more comprehensive analysis.
Today, TACK technical analysis shows the neutral rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating TACK shows the buy signal. See more of TACK technicals for a more comprehensive analysis.
Yes, TACK pays dividends to its holders with the dividend yield of 1.16%.
TACK trades at a premium (0.07%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
TACK shares are issued by Cary Street Partners Financial LLC
TACK follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Mar 23, 2022.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.